Adani Ports bidding for Europe’s tank terminals – the test is whether it pays for returns or size

Adani Ports raised its guidance on growth that increasingly comes from outside India; walked away from Associated British Ports; has reportedly made a binding offer of about $3.3bn for European terminal operator EVOS; and has set up a company in Oman as the Port of Salalah prepares to change operator – with the US case against its founder closed, a credit rating equal to India’s sovereign and shares that have ...

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